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4Q 2019 Taiwan Office

Office Quarterly Report

2.3% rent growth in 2020 likely to top 2019’s record setting 2.1% rent growth: A significant demand for Hisn Yi District and Premium Grade offices.

In 2019, the solid demand drove rents up and vacancy down, however, absorption was constrained at 24,900 ping, 41% of 2018’s net absorption total. Flexible workspace operators and TMT occupiers are the main drivers, accounting 60% of total absorption.

Related Experts

Eilleen Liang

Director

Research

Taipei

Eilleen mainly works in partnership with different service professionals to provide clients with the market intelligence required to support practical business decisions and provide multi-level support across all property types, ranging from data collection to comprehensive market report coverage.

 

 

 

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